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Saturday 17 October 2026 Export HAL’s income statement to Excel — free account

Halliburton Company

HAL Energy Oil & Gas Equipment & Services

Halliburton Company’s revenue for fiscal 2025 (year ended December 2025) was $22.2 billion, down 3.31% from fiscal 2024. In the quarter to June 2026, revenue grew 3.70%, EPS grew 16.4%, free cash flow grew 14.8% and total debt fell 5.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

33.50 0.61 +1.85%
Market cap
$27.4B
P/E
17.5×
Fwd P/E
16.7×
Dividend yield
2.03%
F-score
5/9
Altman Z
3.30
Beneish M
−2.70
Dividend safety
73/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Halliburton Company (HAL) Debt to equity

Alert me on Debt to equity

Halliburton Company's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, down 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2025) to 2.0× (fiscal 2020) — the current reading is the lowest in ten years. That is above the Oil & Gas Equipment & Services industry median of 0.5× and above the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× (4.69%)
FY2024 0.7× (11.69%)
FY2023 0.8× (21.04%)
FY2022 1.0× (26.62%)
FY2021 1.4× (29.16%)
FY2020 2.0× 53.24%
FY2019 1.3× 18.70%
FY2018 1.1× (17.27%)
FY2017 1.3× (0.02%)
FY2016 1.3× 32.35%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (2.04%)
Mar 2026 0.7× (2.94%)
Dec 2025 0.7× (7.39%)
Sep 2025 0.7× 2.87%
42 more quarters

Against its own ten years

Low 0.7× High 2.0×
Ten-year median 1.1×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
TS Tenaris S.A. compare 0.0×
FTI TechnipFMC plc compare 0.1×
NOV NOV Inc. compare 0.3×
SLB SLB Limited compare 0.4×
LB LandBridge Company LLC compare 0.6×
HAL Halliburton Company 0.6×
BKR Baker Hughes Company compare 0.8×
WFRD Weatherford International PLC compare 0.8×
SEI Solaris Energy Infrastructure, Inc. compare 2.2×
Oil & Gas Equipment & Services industry median 0.5×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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